Technical Analysis
Recent price action shows SOFI experiencing a significant decline from $15.56 to $14.67 on February 21, 2025, with high trading volume of 54.7M shares. The stock is currently in a short-term downtrend, breaking below key support levels.
News Impact
Price Forecast for Next Week Based on technical indicators and recent news sentiment:
Target Prices:
Probability scenarios:
Trading Recommendation: SELL
Rationale:
Entry: Current price $14.73 Stop loss: $15.10 (+2.5%) Target: $14.20 (-3.6%)
The risk/reward ratio favors a short-term bearish position with defined risk management levels.
The price of SOFI is predicted to go up 10.71%, based on the high correlation periods with CDZI. The similarity of these two price pattern on the periods is 92.26%.
SOFI
CDZI
Year
SOFI Price Forecast($)
Potential Return(%)
2025
17.000
20.180
2026
22.000
39.420
2027
25.000
58.430
2028
25.000
58.430
2029
35.000
121.800
2030
50.000
216.860
SoFi has rapidly launched an impressive array of products and services, and it remains the only firm offering a digital full-service model.
SoFi has enjoyed surprising success in building its deposit base with its new bank charter, reaching well over $15 billion in two years.
The Galileo acquisition was likely a major win as the number of accounts using its platform has risen sharply since the purchase.
William Blair
2025-01-15
Price Target
n/a
Downside
0%
Citigroup
2025-01-14
Price Target
$13 → $18
Upside
+16.05%
Keefe, Bruyette & Woods
2025-01-02
Price Target
$7 → $8
Downside
-43.38%